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Daylight
v
Obchodní systémy
Jun 20, 2012 at 09:42
Well after a few days of sideways movement in the market, there have been some pairs that offered good trading opportunites. I have been watching a few and have now decided to re-enter the market.On Tuesday I placed a sell limit order on GBPAUD. Open price 1.54400 Stop Loss 1.55400 Target price 1.52400. This order was filled around 4:30pm yesterday and I will manage my trade accordingly. Reasons for entry were inside bar setup on the daily and 4H timeframe. EMA's have divereged and momentum is to the down side. This inside bar setup occored at an event area.My one concern is that I am sell...
Daylight
v
Obchodní systémy
Jun 14, 2012 at 08:17
Well just an update on my EURGBP trade. I went into the weekend about 10 pips down and the bullish momentum looking like it was slowing down. I was nervous about the trade, but decided to hang on into the weekend and not exit manually. However the market gapped open around 50 points on Sunday evening, and seeing as the gap worked in my favour I closed my position for a nice profit. The reasons for me closing my trade manually was previous bullish momentum stalling and then a weekend gap opening, my feeling was the gap would close very quickly and my position was 1 x risk up. Banked the profit ...
Daylight
v
Obchodní systémy
Jun 07, 2012 at 12:51
I have just gone long on EUR/GBP ENT 0.81000 STP 0.80500 TRG 0.82000I have entered this trade based on the following reasons Well-formed bullish pin bar on D1 chart 8 – 21 day EMA’s crossed to the upside Rejecting an area of resistance dating back to 2008 Rejecting both EMA’s Weekly chart pin bar still intact and good indication of momentum shift Momentum looks to have shifted to bullish. Momentum bullish on 4H chartShould the trade fail these are reasons I can think of to have had caution over. Euro still in uncertainty (fundamental analysis) Could be the end of recent corr...
Daylight
v
Obchodní systémy
Feb 16, 2012 at 20:32
This is the first update on my progress. Two weeks into Feb and I am well ahead of target. Two winning trades for 132 pips total. Pretty happy with the trades, although identified a few mistakes that'll need to be worked on. I'll be looking for opportunities to take for the rest of the month, although I need to see one that really looks perfect, otherwise will not chase the game. Patience and discipline😄
Daylight
v
Obchodní systémy
Feb 10, 2012 at 15:16
Well I have now started my live trading account, after 3 months of demo trading. My goal is 10% per month gain on this account, anything more is welcome, however 10% is my target. This will be compounded on a monthly basis, and I will not be withdrawing money from the account. My trading plan only calls for me to make a handfull of trades a month, therefore I have no daily or weekly goals.My first trade has been a success, and I am on target. From here on in these are the attributes I would like my trading to be defined by. 1. Patience 2. Discipline 3. FocusGood luck
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